PSA Today Aug 29: Eyes on bonds / PS5 set up to succeed / Recruit's shareholder register / Cybozu's July results – Nikkei -0.09%
Japan Market Comment by Pelham Smithers, Thao Nguyen and Lindsay WhippNikkei ¥20,460.93 (-¥18.49 / -0.09%); Topix ¥1,490.17 (-¥0.18 / -0.01%); ¥/$105.88
Tags: Recruit (6098 JT), Square Enix (9684 JT), Capcom (9697 JT), Toppan Printing (7911 JT), AGC (5201 JT), Sony (6758 JT), Google (GOOG US), Mitsui & Co., Ltd. (8031 JT), NTT Data (9613 JT), TIS (3626 JT), Cybozu (4776 JT)
Main Points
• Continued bond market strength sidelines Japanese equity investors
• PS5 the most anticipated console
• Recruit falls on secondary share offering
• Cybozu posts strong July results, reminds investors of higher spending in H2
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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